CBD - Office Complex - Fully-Tenanted Turnkey Commercial Investment

Bulawayo City Centre, Bulawayo CBD, Industrial, Bulawayo

$350,000

Bulawayo City Centre, Bulawayo CBD, Industrial, Bulawayo

494 m²

694 m²

Description

PRICE REDUCTION!
Now only US$350,000
Total area: 694 sqm with lettable area of approx. 494 sqm
Ideal for Owner-Occupiers or Investors

Located just outside Bulawayo’s central business district, this distinctive Cape Dutch-style commercial office complex is a prime asset for investors seeking secure, income-generating real estate in Zimbabwe in a high-traffic area. Currently fully-tenanted, the building offers immediate income with a base of trusted and approved tenants — making it ideal for an investment property or conversion for owner-occupancy.

Investment Snapshot:
• Gross Monthly Rental: 494 square metres × $13 per square metres = US$6,422/month
• Gross Annual Rental Income (excl. VAT): US$77,064/year
• Projected Net Operating Income (NOI) at : US$53,945/year
• Approximate ROI of 14%

Property Highlights:
• 3 Private offices | Open-plan workspace with 5 full stations
• Boardroom/Visitors’ lounge with wood beam ceiling
• Kitchenette & full ablutions (Ladies & Gents)
• 2 Store rooms, tool room, and 4 lock-up garages (LUGs)
• Fully air-conditioned interior with 7 AC units + ceiling fans
• Approx. 494 sqm of usable office space

Architectural & Security Features:
• Classic Cape Dutch architecture with terracotta tiling
• Sash windows with wrought iron security bars
• Courtyard with cobblestone pavers in herringbone pattern
• Double wooden glazed entrance doors + wrought iron security gate
• Remote-controlled gate access with magnetic lock
• Full alarm system and perimeter wrought iron fencing

Backup Power & Utilities:
• 5 kVA solar-powered hybrid inverter
• 5 kVA generator for uninterrupted operation